guarantor in a sentence
n.
📚 Grade Level: Grade 9, Grade 10, Grade 11, Grade 12
Definition
A guarantor is a person or entity that agrees to be responsible for another's financial obligations, such as loan repayments or rent, if that person defaults.
Crossword clues for guarantor
Crossword clue ideas and answer hints for the word "guarantor".
- Someone who promises to cover debts for another.
- A person backing a loan for someone else.
- This entity ensures financial obligations are met.
- Individual who guarantees payment if others fail.
- A responsible party for someone else's financial duties.
Guarantor sentence examples
- The bank required a guarantor to approve the loan application.
- As a guarantor, she took on the responsibility of ensuring the rent was paid.
- Many students need a guarantor to secure housing while attending university.
- He acted as a guarantor for his friend, believing in their ability to repay the debt.
- Without a reliable guarantor, the rental process became much more complicated.